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A firm has total assets of $2,500,000. It has $900,000 in long-term debt. The stockholders equity is $1,000,000. What is the total debt to asset

A firm has total assets of $2,500,000. It has $900,000 in long-term debt. The stockholders equity is $1,000,000. What is the total debt to asset ratio? Select one: OA 36% OB. 40% OC 44% OD none of the above

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